Houtschild, based in the Netherlands, is a supplier of books and journals into both academic libraries and Government Institutions across Northern Europe and is very well regarded by a loyal customer base. In the year ended 30 June 2011, Houtschild generated revenues of €4.9 million.

Mark Cashmore, Chief Executive Officer of Smiths News PLC, said, “We are delighted to have completed this acquisition, which is an excellent addition to our books business. Houtschild represents a clear international strategic step for Bertrams consistent with our stated aim. The Group will benefit from synergies, an increase in scale and a stronger sales presence in Northern Europe, as well as accelerating the digital platform roll out.”

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